News And Announcements
Liberty Steel set to cut over 350 jobs in Yorkshire and Wales
Liberty Steel said that around 350 jobs would be cut in Yorkshire and Wales this year due to “challenging” conditions in the market.
Barnier says time frame for Brexit trade talks is challenging
Chief European Union negotiator for Brexit Michel Barnier said on Thursday that it was highly unlikely that a comprehensive agreement on post-Brexit trade with the UK will be achieved in the next 11 months.
US jobless claims fall back to trend during latest week
The number of people claiming unemployment claims for the first time fell by more than expected during the last week, returning to the underlying trend that was in place before a Christmas induced jump due to the difficulty of adjusting for seasonal quirks in the data, economists said.
Pound retreats on dovish Carney speech
Sterling lost ground on Thursday after outgoing Bank of England governor Mark Carney struck a dovish tone in a speech at an event on inflation targeting, suggesting that the central bank could cut interest rates soon.
Whirlpool should refund 500,000 buyers of faulty appliances - Which?
Which? consumer group called for the appliances manufacturer Whirlpool to offer owners of 500,000 faulty washing machines a refund or offer a repair or replacement.
German industrial production beats expectations in November
German industrial production rose more than expected in November, according to figures released by Destatis on Thursday.